by Carrie Haubensak | Nov 1, 2023 | Medicare, Medicare Advantage, Medicare Supplement
For 3rd quarter 2023, CVS Health reported Medicare Supplement member in-force counts of 1,352,000, an increase of 7,000 over the past 12 months and 1,000 in the past quarter. The 7,000 increase in membership in the past 12 months is down substantially from the...
by Carrie Haubensak | Oct 23, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Elevance Health (formerly Anthem, Inc.) released 3rd quarter 2023 financials on October 18th, reporting an increase of 2,000 Medicare Supplement lives in the 3rd quarter and a decrease of 17,000 Medicare Supplement lives over the past 12 months. The Elevance Health...
by Carrie Haubensak | Oct 23, 2023 | Medicare, Medicare Advantage
CMS recently released Medicare Advantage and PDP fair market value broker compensation for 2024. Medicare Advantage (MAPD) increased 1.7% for both initial and renewals. Prescription Drug Plans (PDP) increased 8.7% for both initial year and renewals. The MAPD increase...
by Carrie Haubensak | Oct 20, 2023 | Insurance Industry, Medicare, news
The Centers for Medicare & Medicaid Services (CMS) publishes the Medicare Advantage (Medicare Part C) and Medicare Part D Star Ratings each year to measure the quality of health and drug services received by consumers enrolled in Medicare Advantage (MA) and...
by Carrie Haubensak | Oct 16, 2023 | Insurance Industry, Life Insurance, Medicare
Integrity Marketing Group, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced that it is continuing to expand its life insurance division with the addition of Victor Sanchez as Vice...
by Carrie Haubensak | Oct 16, 2023 | Medicare
On October 12, 2023, the Centers for Medicare & Medicaid Services (CMS) released the 2024 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs, and the 2024 Medicare Part D income-related monthly adjustment amounts. The...